Filed November 2, 2023 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $61,042 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,203 | $52,293-49.9% | $178,490-85.3% | $73,409-64.3% |
| Participation rate | 93.2% | 65.3%+27.9pp | 81.9%+11.3pp | 72.2%+21.1pp |
| Annual return | 16.73% | 34.75%-18.0pp | 151.07%-134.3pp | 59.29%-42.6pp |
| Employer contribution / active EE | $4,106 | $1,735+136.6% | $5,011-18.0% | $2,234+83.8% |
| Participant deferral / active EE | $0 | $2,332-100.0% | $5,202-100.0% | $3,805-100.0% |
| Admin fee / account holder | $90 | $127-29.2% | $13,984-99.4% | $158-42.9% |